An influential Italian central banker is under investigation in a case surrounding the collapse and subsequent sale of an Italian bank that lawyers charge might not have been appropriately managed. Central banker accused of corruption and fraud Reuters is reporting that Bank of Italy Governor Ignazio Visco is being investigated regarding the downfall of Banca Popolare di Spoleto (BPS) amid charges that even putting the BPS under special administration was wrong, as it relied solely on the advice of the Bank of Italy. The investigation involves accusations of corruption and fraud, according to a (English translation) or a report in IL…
Influential Italian Central Banker Investigated In Bank Collapse
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.